23 Rutgers Bay

Fort Richmond, Winnipeg

Property score

75.9

Good

Overall 75.9 · Older than most nearby homes

1,320 sqft (top 45%) · Built in 1967 (5 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 2 parks, 1 sports facility, and 2 place of worships nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 61%Chinese · 13%

Past 10 years Fort Richmond sales snapshot (~80% of all data)

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

75.9 is composed by the two sections below.

Property Score

69.6Good
Living Area1,320 sqft71Good
Year Built196752Fair
Lot Size6,651 sqft85Excellent
Neighbourhood Sales Activity78Good

Community Score

85.3Excellent
Household Income84Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Fort Richmond

How to read: Share of sales in each ~$50k price band for “fort richmond” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111014

Community deep dive

$98K

Median household income

$110K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

25%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)605
Labour force participation rate64%
Median age40.8
Avg household size2.7
Unemployment rate7%
Population density3025 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households25%
Couple families with children27%
Median household income (2020)$98K

Housing

Renter households11%
Condominium dwellings4%
Median dwelling value (owners)$388K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority39%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 60%
Mother tongue (2nd)Chinese · 13%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,320 sqft
0255075100
Same streetBottom 37%Same areaTop 45%CitywideTop 40%
Same street · Rutgers Bay
#26 / 41
Bottom 37% · Avg 1,502 sqft
Same area · Fort Richmond
#1,183 / 2,629
Top 45% · Avg 1,421 sqft
Citywide · Winnipeg
#78,228 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
424k
0255075100
Same streetTop 41%Same areaTop 44%CitywideTop 33%
Same street · Rutgers Bay
#17 / 41
Top 41% · Avg 417.9k
Same area · Fort Richmond
#1,145 / 2,629
Top 44% · Avg 435.7k
Citywide · Winnipeg
#64,309 / 194,458
Top 33% · Avg 390.1k

Year Built

around average
1967
0255075100
Same streetTop 49%Same areaBottom 29%CitywideBottom 49%

Lot Size

above average
6,651 sqft
0255075100
Same streetTop 27%Same areaBottom 49%CitywideTop 20%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

23 Rutgers Bay — 7 amenities found within 500 m, across 4 categories, including 2 education (nearest 272 m), 2 parks (nearest 312 m).

Search radius
🏫Education2
🌳Parks2
💪Sports1
Worship2

Crime & Safety

Fort Richmond · WPS public data · 2026

Annual incidents

38

2026

vs. city avg

+29%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

55%

Sales History

Sold 10/2022CA$350k–400k
Sold price

Same street

Bottom 47%

Same area

Bottom 45%

City-wide

Top 41%

Related homes

Highlights & common questions: 23 Rutgers Bay, Winnipeg

Property Overview: 23 Rutgers Bay, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This is a solid, one-storey home built in 1967, situated on a generously sized lot in the established Fort Richmond neighborhood. With 1,320 sqft of living space, the home offers a practical layout that is comfortably average for the area, while its 6,651 sqft land parcel stands out as notably larger than many city-wide properties, offering valuable outdoor space and potential. A key feature is the renovated basement, which adds functional living area. The home is complemented by a detached garage.

Its primary appeal lies in its balance and practicality. It represents a classic, no-frills Winnipeg home that has been maintained, with the bonus of a finished lower level and a lot size that provides a sense of space and privacy uncommon in many newer subdivisions. It would suit first-time buyers looking for a move-in-ready starter home with room to grow outdoors, or downsizers seeking single-level living without sacrificing yard space. The value is grounded in its lot size and the quiet, mature neighborhood rather than high-end finishes or square footage.


Frequently Asked Questions

1. What is the exact sold price history?
The public data shows a sale in October 2022 in the range of $355,000 to $385,000. For the precise sale price, you can request the information via email from the listing service, which provides the data manually.

2. How does the lot size compare to nearby properties?
The lot is a standout feature. It ranks in the top 27% on its own street and the top 20% city-wide for land area, meaning it is substantially larger than the median Winnipeg property lot.

3. Is the basement a legal suite?
The listing notes the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.

4. What is the condition of a home built in 1967?
Built in the late 1960s, the home is part of a mature neighborhood. While the renovated basement is updated, prospective buyers should pay special attention to the condition of original major systems like plumbing, electrical, and the roof during an inspection.

5. How does the assessed value relate to market price?
The assessed value is a municipal figure for tax purposes. At approximately $424,000, it is a baseline. The 2022 sale price and current market conditions will be more direct indicators of the home’s market value.

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